GBPCAD 5R Short Short

British Pound/Canadian DollarFXCM

Description

⋅ Jul 3, 2021 10:53 PM

1) Multiple closes below liquidity
2) Conforming to downwards trendline
3) Retest & 1H Wick Rejection of Liquidity

Larger SL (34.6 pips) above liquidity.
TP placed at previous lows below this area of liquidity.

Trend Analysis